ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of KLSE Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI for Long signal.
3. 13 Period +DI crosses under -DI for Short signal.
4. Volume trade > 100,000 shares

Tuesday, April 5, 2011

Scan 5 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FORMIS RESOURCES BHDLong4/5/20111.04377780025.792823
FOTRONICS CORPORATION BHDLong4/5/20110.0152823600022.464528
I-POWER BHDLong4/5/20110.055112820023.082116
MALAYSIAN AIRLINE SYSTEM BHDLong4/5/20111.86182220020.932524
WINSUN TECHNOLOGIES BHDLong4/5/20110.0520690045.813227
ABRIC BHDShort4/5/20110.34512670028.072427
DUTCH LADY MILK INDUSTRIES BHDShort4/5/201116.3625790021.653134
ECOFUTURE BHD.Short4/5/20110.08517280050.782257
TSM GLOBAL BHDShort4/5/20111.813020033.712631

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